After a bumper subscription at its initial public offering last week, shares of MapmyIndia made a strong market debut on Tuesday with the stock listing at a premium of over 51% at ₹1,565 per share on the NSE as compared to issue price of ₹1,033 apiece. The new edge technologies, such as SaaS, PaaS, and […]
According to stock market experts, current market pattern indicate a display of sharp downside momentum in the market with minor upside recovery. Speaking on day trading strategy for Nifty; Nagaraj Shetti, Technical Research Analyst, HDFC Securities said, “The market has been in a violent decline for short term and the overall chart pattern indicate more […]
Day trading guide for Monday: After showing consolidation movement with weak bias in the last three sessions, Indian stock market tumbled down sharply on Friday session. Speaking on day trading guide for today; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “An attempt of bulls to make a comeback from the lows went into […]
A market crash or its evil big brother, ‘the bear market’, create an aura of horror in the minds of investors and traders alike. And if they didn’t sell in time, their losses are usually so severe, that they’re left shell shocked. Well, for many there was only one lesson. The market recovered as early […]
“In absence of any major event, global cues will dictate our market trend. …Read the full story
According to the depositories data, FPIs took out ₹13,470 crore from equities, ₹4,066 crore from the debt segment and ₹160 crore from hybrid instruments between December 1-17. There continues to be uncertainties on the global as well as domestic fronts, said Himanshu Srivastava, Associate Director – Manager Research, Morningstar India. If the situation worsens, it […]
According to market observers, shares of Shriram Properties are available at a premium of ₹15 in grey market today, which is around 10 per cent higher from upper price band of ₹118 per equity share. They said that for the last 4 days, Shriram Properties IPO grey market price has been oscillating in between ₹14 […]
Supriya Lifescience IPO opened for subscription on 16th December 2021 and it will remain open for bidding till 20th December 2021. Ankur Saraswat, Research Analyst at Trustline Securities said, “Company is one of the leading API manufacturers and largest exporters of HCL and Salbutamol Sulphate in India. …Read the full story
Down one day, up the next, the stock market is making life miserable for anyone in search of a coherent narrative to explain its moves. That’s three times as great as any December since the Christmas rout of 2018 and almost twice the average move of the last year. While many forces are at play […]
IT major Infosys and Mastek shares are up over 3 per cent, MphasiS share price has surged over 2 per cent, Persistent Systems stock price has gone up near 4.60 per cent whereas Zensar Technologies share price appreciated around 2.95 per cent in the intraday trade session. After this strong Accenture outlook for FY22, Indian […]
Day trading guide for Friday: After showing weakness on Wednesday, the Indian stock market shifted into a consolidation on Thursday and closed the day with minor gains. Unveiling day trading strategy for stock market today; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “The short term trend of Nifty continues to be range-bound with […]
“We are delighted to collaborate with Shell as we enthusiastically continue our stride towards contributing to India’s mission to achieve net zero. Shell has set a target to become a net-zero emissions energy business by 2050, in step with society, said Kazeem Khan, Shell General Manager, Asia Pacific, Nature Based Solutions. …Read the full story
A headline event for the Indian electric vehicle industry this year was the buzz created by Ola Electric’s grand announcements, followed by disappointment due to persistent delivery delays. The biggest manufacturer by its word, Ola Electric, should eventually get going. In 2020, as the pandemic restricted mobility, EV registrations shrank 26% to 119,656 vehicles, according […]
Day trading guide for Thursday: After showing consolidation on Tuesday, Indian stock market slipped into weakness amidst high volatility on Wednesday and closed in negative territory. Sharing day trading strategy for stock market today; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “The short term trend of Nifty remains negative with volatility. …Read the […]
Nifty 50 went off 43 points and closed at 17,324 levels whereas BSE Sensex shed 166 points and closed at 58,117 levels. On a day when the volume son the NSE were in line with recent averages; power, oil & gas and capital goods indices rose the most while telecom, FMCG and auto indices fell […]
The textile stock has surged from around ₹20 to ₹661.90 per share levels in last six months, appreciating to the tune of near 33 times in this small time span. Likewise in last six month time period, this multibagger stock has risen from near ₹20 levels to ₹661.90 levels, logging around 3200 per cent rise […]
Day trading guide for Tuesday: After showing range bound movement in the last couple of session, Indian stock market witnessed failed upside breakout on Monday, as it slipped into weakness from the highs. On a day when the volumes on the NSE were higher than recent average; realty, oil & gas, telecom and FMCG indices […]
Brazil’s currency, the real, has been trading around record lows in recent months, thanks largely to the President Jair Bolsonaro’s efforts to tear up a fiscal straightjacket and introduce an anti-poverty program ahead of elections in 2022. Battered by the highest number of Covid-19 deaths after the U.S., Brazil’s commitment to fiscal restraint has become so threadbare that the […]
For the rest of the week, Indian stock market traded with a positive bias and managed to end in the green zone at the end of last week. Stock market experts said that NSE Nifty showing range-bound movement at the important hurdle of 17,550 to 17,600 levels could be a positive indication for the bulls […]
Flomic Global Logistics shares are one of such multibagger stocks in India that belong to the list of multibagger penny stocks. As per the share price history of this multibagger penny stock, Flomic Global Logistics share prices have surged from ₹10.37 to ₹198.45 levels in the last six months, rising to the tune of near […]